About Internship
The internship is a 6-month program designed as an opportunity to learn more about the important role that
Institutional Equity Division plays within Morgan Stanley. This structured internship is designed to give insight
into the Counterparty Risk within Institutional Equity Division and an opportunity to develop and master the
analytical, quantitative and interpersonal skills needed to develop an exciting and rewarding career. Interns will
also have many opportunities to integrate with peers and senior colleagues through a series of networking,
social, and mentoring events.
Roles and Responsibilities
• Risk Analysis using Stress Testing, VaR, Backtesting and other measures.
• Uploading and Analyzing sample prospective portfolios, comprising of several financial
product types in Equities, Convertible Bonds, Corporate Bonds, Swaps (IRS/CDS), Options
and Futures in Commodities/Index/Interest Rates/Currencies.
• This may involve searching for relevant tickers/identifiers for such products, using Bloomberg
and other internal sources/databases.
• Analyzing live client portfolios, highlighting risk issues/concerns and recommending margin
policy changes.
• Conducting Risk analysis for the various funds looking at factors like Liquidity, Concentration,
etc.
• Senior Management Risk Reporting and Trend Analysis for the various businesses.
• Risk analysis based on Strategy or Country or Sector or other market-based events as
needed.
• Streamlining/Automation/Tool Building for Internal Risk Management.
• Liaising with the relevant regional stakeholders (Risk, Margin, Credit, IT, etc.) in terms of
periodic risk deliverables.
• Participate in global risk projects out of Mumbai in terms of requirements gathering, testing
and validation.
What We Look For
• Engineering graduate OR Chartered Accountant from reputed institutes.
• MBA or Masters in Finance OR FRM/CFA (at least Level 1 completed).
• Good Understanding of Financial Products (Equities, Options, Futures, Bonds, Commodities,
Rates, Credit).
• Familiarity with Risk concepts.
• Good Analytical skills and hands-on approach to solving analytical problems.
• Excellent oral and written communication skills.
• Exceptional organizational skills and high degree of attention to detail.
• Ability to work independently and efficiently in a complex, fast-paced environment.
Desired Skills (optional)
• Background in Risk / Research / Financial services.
• Basic Knowledge of Programming and writing Database queries (SQL / Excel VBA / VB /
Python / R / Matlab).
• An understanding of and strong focus on the mechanics of a Risk/Control environment,
including escalation.
• Enthusiasm to volunteer for planning, organizing, and participating in events held by the
department and firm.